Bitcoin $135,000? Peter Brandt is optimistic

Peter Brandt is positive about the trend of Bitcoin. The market expert expects the Bitcoin price could reach $135,000 by August or September 2025. He wrote this on the platform X (formerly Twitter).

According to Brandt, the biggest gains usually come in the second half of Bitcoin's half-life cycle. However, he warns that if the Bitcoin price drops below $48,000, his prediction would no longer hold true. For now, however, Bitcoin still has some room, as the price stands around $61,068 today, Oct. 10.

Many other analysts also expect the Bitcoin price to rise in the medium term. This is because Bitcoin is strongly correlated with the global money supply (M2), which has recently increased following interest rate cuts by the U.S. central bank (Fed).